Cynosure Group LLC Purchases 9,277 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Cynosure Group LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 62.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,153 shares of the company’s stock after buying an additional 9,277 shares during the period. Cynosure Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,023,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Brown Brothers Harriman & Co. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after buying an additional 200 shares during the last quarter. Richards Merrill & Peterson Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $30,000. Chapman Financial Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $31,000. United Financial Planning Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $34,000. Finally, Abich Financial Wealth Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $82.50 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.43 and a twelve month high of $84.84. The firm has a fifty day simple moving average of $82.65 and a 200 day simple moving average of $83.36.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.3412 dividend. The ex-dividend date was Monday, June 1st. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a yield of 5.0%.

About Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.